2295 E Bay Dr Largo, FL 33771

Listing agency Marcus & Millichap - Nashville

Listed by Jason Hernandez · License #CA 01392646

Source Crexi

Added: Apr 11 Updated: Jul 21 at 10:43PM Checked: Jul 21 at 10:43PM

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Investment Insights

Based on property information with market context.

The property operates under a long-term Absolute NNN lease structure with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. The lease includes 5% rent increases every five years during the original term, plus 12 five-year renewal options if exercised.

The site is a signalized hard corner with frontage along E. Bay Drive (SR 686) and Starkey Road. Traffic counts cited in the materials are 59,666 VPD on E. Bay Drive and 29,743 VPD on Starkey Road, with visibility in both directions and ingress/egress described from Starkey and E. Bay Drive.

The tenant premises are configured for drive-through operations, with a critical drive-through lane identified as part of the retail setup.

Key Highlights

• Long‑term absolute NNN lease with no landlord management or maintenance responsibilities, with lease guaranteed by Walgreen Co.
• Lease includes 5% rent increases every 5 years during the original term and 12 additional five‑year renewal options.
• Signalized hard‑corner retail frontage on E. Bay Drive (SR 686) and Starkey Road with traffic counts of 59,666 VPD and 29,743 VPD.

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Similar Off Market Nearby

• Angela R. Chalmers, RPH — 2295 E Bay Dr, Largo, FL 33771
• Walgreens Pharmacy — 2295 E Bay Dr, Largo, FL 33771
• The Medicine Shoppe of Largo — 1555 E Bay Dr K, Largo, FL 33771
• COVID-19 Drive-Thru Testing at Walgreens — 2295 E Bay Dr, Largo, FL 33771
• Good Life Nutrition — 1200 Starkey Rd, Largo, FL 33771

FAQs

What type of property is this?

Drug store - Signalized hard-corner retail location with drive-through lane and Absolute NNN lease guaranteed by Walgreen Co.

Where is this drug store located?

The property is located at 2295 E Bay Dr Largo, FL.

What are key features of this property?

This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities, with lease guaranteed by Walgreen Co.; Lease includes 5% rent increases every 5 years during the original term and 12 additional five‑year renewal options.; Signalized hard‑corner retail frontage on E. Bay Drive (SR 686) and Starkey Road with traffic counts of 59,666 VPD and 29,743 VPD.